Organizations using Cloud and DevOps face challenges to the traditional way IT has been procured, managed and optimized. Traditional siloes of IT, Finance, and Business are breaking down, and traditional procurement and financial management processes are significantly changed by the cloud. Cloud spend is more dynamic, less predictable, and understanding the vast amount of data on the cloud bill can be daunting. Companies want product teams to be more responsive to customer demand, for DevOps teams to build faster and better, and for costs to be managed tightly. FinOps provides a framework to align these groups within an organization to achieve these results.
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Organizations using Cloud and DevOps face challenges to the traditional way IT has been procured, managed and optimized. Traditional siloes of IT, Finance, and Business are breaking down, and traditional procurement and financial management processes are significantly changed by the cloud. Cloud spend is more dynamic, less predictable, and understanding the vast amount of data on the cloud bill can be daunting. Companies want product teams to be more responsive to customer demand, for DevOps teams to build faster and better, and for costs to be managed tightly. FinOps provides a framework to align these groups within an organization to achieve these results.
Organizations using Cloud and DevOps face challenges to the traditional way IT has been procured, managed and optimized. Traditional siloes of IT, Finance, and Business are breaking down, and traditional procurement and financial management processes are significantly changed by the cloud. Cloud spend is more dynamic, less predictable, and understanding the vast amount of data on the cloud bill can be daunting. Companies want product teams to be more responsive to customer demand, for DevOps teams to build faster and better, and for costs to be managed tightly. FinOps provides a framework to align these groups within an organization to achieve these results.
The FinOps Foundation was formed in 2019 with the goal of helping practitioners learn from one another and develop new practices, concepts and tools needed to both align the work of internal Cloud stakeholders and manage the dynamic services offered by the hyper-scale Cloud providers.
This course is addressed to a wide audience:
IT, DevOps, Engineers or Architects using Cloud to deliver value who want to understand how FinOps can help them integrate cost management as a metric in their environments
Finance, Procurement, and Accounting professionals wanting to understand how FinOps can help them negotiate, purchase and manage cash flow for Cloud more effectively
Business unit or Product Managers delivering product value with Cloud who want to understand how FinOps can help them innovate more, manage Cloud cost proactively and deliver value to customers quicker
Executives and Managers overseeing environments that depend upon Cloud who want to understand how FinOps can help them build a culture of accountability that leverages Cloud for its strengths while aligning everyone to manage its cost and use.
This introductory course describes the basics of FinOps and how it can positively impact an organization. FinOps allows organizations to build a culture of accountability around Cloud use that lets companies make good, timely, data-backed decisions in the Cloud, not just to save money, but to make money.
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What's inside
Learning objectives
- The impacts devops and cloud have had on how it costs are managed
- What finops is and how it can address some of these impacts
- The principles of finops which guide its practice in an organization
- The considerations that go into forming a finops team within an organization
- The scope of the capabilities a finops team would perform to achieve the cloud use goals of the organization
- How the finops foundation can help practitioners, cloud users, finance professionals, devops engineers and product managers to work with others around the world to learn best practices and support one another
- The impacts devops and cloud have had on how it costs are managed
- What finops is and how it can address some of these impacts
- The principles of finops which guide its practice in an organization
- The considerations that go into forming a finops team within an organization
- The scope of the capabilities a finops team would perform to achieve the cloud use goals of the organization
- How the finops foundation can help practitioners, cloud users, finance professionals, devops engineers and product managers to work with others around the world to learn best practices and support one another
Good to know
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Activities
Review DevOps and Cloud Cost Management Principles
Show steps
Review fundamental concepts in DevOps and cloud cost management to strengthen your understanding of FinOps principles.
Browse courses on
DevOps
Show steps
-
Identify key DevOps and cloud cost management concepts.
-
Summarize the benefits and challenges of integrating DevOps and cloud cost management.
Review Cloud Computing: A Practical Approach
Show steps
Reviewing this introductory text will improve foundational understanding of cloud computing.
View
A First Course on Cloud-Based Microservices
on Amazon
Show steps
-
Read through Chapter 1: Introduction to Cloud Computing
-
Review the key concepts and definitions introduced in the chapter
-
Summarize the benefits and challenges of cloud computing
Follow a tutorial on AWS cost optimization
Show steps
Completing a guided tutorial will provide practical experience in implementing FinOps techniques on a specific cloud platform.
Show steps
-
Identify a tutorial that aligns with your learning objectives
-
Follow the tutorial step-by-step
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Review the concepts and techniques presented in the tutorial
Two other activities
Expand to see all activities and additional details
Show all five activities
Write a blog post on FinOps best practices
Show steps
Writing a blog post will reinforce your understanding of FinOps principles and help you apply them to real-world scenarios.
Browse courses on
FinOps
Show steps
-
Identify a specific FinOps best practice to focus on
-
Research and gather information on the best practice
-
Write a detailed blog post outlining the best practice, its benefits, and how to implement it
-
Proofread and edit your post before publishing it
Develop a FinOps dashboard for your organization
Show steps
Creating a FinOps dashboard will allow you to track and analyze cloud costs, identify cost-saving opportunities, and make informed decisions.
Show steps
-
Gather data from your cloud provider(s)
-
Choose a visualization tool and create a dashboard
-
Set up alerts and notifications to monitor cost trends
Review DevOps and Cloud Cost Management Principles
Show steps
Review fundamental concepts in DevOps and cloud cost management to strengthen your understanding of FinOps principles.
Browse courses on
DevOps
Show steps
- Identify key DevOps and cloud cost management concepts.
- Summarize the benefits and challenges of integrating DevOps and cloud cost management.
Review Cloud Computing: A Practical Approach
Show steps
Reviewing this introductory text will improve foundational understanding of cloud computing.
View
A First Course on Cloud-Based Microservices
on Amazon
Show steps
- Read through Chapter 1: Introduction to Cloud Computing
- Review the key concepts and definitions introduced in the chapter
- Summarize the benefits and challenges of cloud computing
Follow a tutorial on AWS cost optimization
Show steps
Completing a guided tutorial will provide practical experience in implementing FinOps techniques on a specific cloud platform.
Show steps
- Identify a tutorial that aligns with your learning objectives
- Follow the tutorial step-by-step
- Review the concepts and techniques presented in the tutorial
Write a blog post on FinOps best practices
Show steps
Writing a blog post will reinforce your understanding of FinOps principles and help you apply them to real-world scenarios.
Browse courses on
FinOps
Show steps
- Identify a specific FinOps best practice to focus on
- Research and gather information on the best practice
- Write a detailed blog post outlining the best practice, its benefits, and how to implement it
- Proofread and edit your post before publishing it
Develop a FinOps dashboard for your organization
Show steps
Creating a FinOps dashboard will allow you to track and analyze cloud costs, identify cost-saving opportunities, and make informed decisions.
Show steps
- Gather data from your cloud provider(s)
- Choose a visualization tool and create a dashboard
- Set up alerts and notifications to monitor cost trends
Career center
Cloud Cost Analyst
Cloud Architect
DevOps Engineer
IT Manager
Finance Manager
Product Manager
Software Engineer
Data Analyst
Technical Architect
IT Auditor
Business Analyst
Project Manager
Cloud Security Engineer
Cloud Developer
Cloud Administrator
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